Keyware Technologies Stock Forecast - Simple Regression

KEYW Stock  EUR 0.80  0.01  1.27%   
The Simple Regression forecasted value of Keyware Technologies NV on the next trading day is expected to be 0.83 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.92. Keyware Stock Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Keyware Technologies price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Keyware Technologies Simple Regression Price Forecast For the 24th of November

Given 90 days horizon, the Simple Regression forecasted value of Keyware Technologies NV on the next trading day is expected to be 0.83 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.92.
Please note that although there have been many attempts to predict Keyware Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Keyware Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Keyware Technologies Stock Forecast Pattern

Backtest Keyware TechnologiesKeyware Technologies Price PredictionBuy or Sell Advice 

Keyware Technologies Forecasted Value

In the context of forecasting Keyware Technologies' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Keyware Technologies' downside and upside margins for the forecasting period are 0.01 and 3.46, respectively. We have considered Keyware Technologies' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
0.80
0.83
Expected Value
3.46
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Keyware Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Keyware Technologies stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria110.265
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0151
MAPEMean absolute percentage error0.0196
SAESum of the absolute errors0.9196
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Keyware Technologies NV historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Keyware Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Keyware Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.040.803.43
Details
Intrinsic
Valuation
LowRealHigh
0.030.663.29
Details

Other Forecasting Options for Keyware Technologies

For every potential investor in Keyware, whether a beginner or expert, Keyware Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Keyware Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Keyware. Basic forecasting techniques help filter out the noise by identifying Keyware Technologies' price trends.

Keyware Technologies Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Keyware Technologies stock to make a market-neutral strategy. Peer analysis of Keyware Technologies could also be used in its relative valuation, which is a method of valuing Keyware Technologies by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Keyware Technologies Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Keyware Technologies' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Keyware Technologies' current price.

Keyware Technologies Market Strength Events

Market strength indicators help investors to evaluate how Keyware Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Keyware Technologies shares will generate the highest return on investment. By undertsting and applying Keyware Technologies stock market strength indicators, traders can identify Keyware Technologies NV entry and exit signals to maximize returns.

Keyware Technologies Risk Indicators

The analysis of Keyware Technologies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Keyware Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting keyware stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Pair Trading with Keyware Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Keyware Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Keyware Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Keyware Stock

  0.8SCHD Scheerders van KerchovesPairCorr

Moving against Keyware Stock

  0.67CENER Cenergy HoldingsPairCorr
  0.63VIO Viohalco SAPairCorr
  0.47SPA Socit de ServicesPairCorr
  0.39IEP Iep InvestPairCorr
  0.38ABO ABO GroupPairCorr
The ability to find closely correlated positions to Keyware Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keyware Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Keyware Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Keyware Technologies NV to buy it.
The correlation of Keyware Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Keyware Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keyware Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Keyware Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Keyware Stock Analysis

When running Keyware Technologies' price analysis, check to measure Keyware Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Keyware Technologies is operating at the current time. Most of Keyware Technologies' value examination focuses on studying past and present price action to predict the probability of Keyware Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keyware Technologies' price. Additionally, you may evaluate how the addition of Keyware Technologies to your portfolios can decrease your overall portfolio volatility.